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RBA Glossary definition for year-average growth

year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.

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27 Feb 2018 RDP 2018-02
Jonathan Hambur and Richard Finlay
By contrast, the x-year yield represents an average of expected short-term rates between now and x years ahead, which is harder to interpret. ... x-year-ahead. The influence of overseas developments is more evident in Figure 8, where we plot our
https://www.rba.gov.au/publications/rdp/2018/2018-02/results.html

Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia

1 Feb 2018 RDP 2018-02
Jonathan Hambur and Richard Finlay
Surveys of inflation expectations from Consensus Economics. These included forecasts of year-average inflation a number of years into the future (available at a monthly frequency), forecasts of year-average inflation ... x-year-ahead. The influence of
https://www.rba.gov.au/publications/rdp/2018/2018-02/full.html